TopOption Review
Binary Options are the useful and versatile investment plan for those who want to earn a great profit in a very short period of time. It is very easy and simple to understand. Traders just have to decide whether a given asset will go up or down in a set time. You can make high returns in an hour or less. As Binary Options Trading is becoming more and more popular in the world, there is always a need of effective and reliable trading platforms that would help traders garner good amount of profit within a very little time. It is also true that binary trading is associated with high level of risks and uncertainties but it is possible for traders to curtail the risks and uncertainties with the help of a proper trading platform. This is where TopOption gains more importance. It is a user friendly platform which is able to cater to the needs of global clients and yield some of the best profits in the sector.
TopOption Basic Information
TopOption is one of the most favorite trading platforms in the market at present. TopOption is regulated by the Cyprus Security Exchange Commission or the CySEC and so traders can be rest assured about the safety of their investment. It was founded in the 2012 and is headquartered in Cyprus. Though it is relatively new in the binary trading business, it has already been able to make a foothold in this sector.
Assets
TopOption offers one of the most extensive asset lists in the market for traders to choose from. Where other brokers may offer 65 to 80 asset choices, TopOption has expanded the figure to 180 types of assets. Some of them in the list includes, 10 commodities, 18 currency pairs, 27 indices and 72 stocks. Hence, traders can easily choose from the list, an underlying asset according to their preference and requirement. However, they need to make a careful choice because different assets behave differently under the same market condition and hence yield different levels of profit.
Payout
This platform offers high level of profit and it is perfect for those who want to have some quick profits within a very little time. The average payout at TopOption is higher than the market standard. In most of the cases it offers a payout of 85 percent on the trades that end in the money, though specialized trades can yield a profit of 500 percent if it ends in the money.
Minimum Deposit
With a minimum deposit of only $100 it is possible for traders to start trading through TopOption. Such a low minimum deposit makes this platform a perfect choice of those who are new to the business and do not want to invest a bulk amount on the very first go or those who do not have that much financial capacity. Even if the trade ends out of money, traders would not have to lose much. Hence, for new and inexperienced traders TopOption is one of the best options.
Trade Types
TopOption also offers a large number of trade types to investors. Apart from the conventional Binary Options, it also offers Sixty Seconds options, One Touch Options, Option Builder and Pro Option. Each of the trade types is capable of yielding high level of profit if the trader is able to trade properly. Different types of trades require different approaches and so it is better for traders to take the help of professional experts in making the selection of a best suitable trade according to your requirement.
Customer Support
TopOption offers a comprehensive customer support service in eleven different languages that include Swedish, Dutch, Polish, Japanese, Arabic, Italian, Russian, German, Spanish, French and English. Hence a large number of people from all over the world can trade through this platform. Traders can contact the trading experts via Phone, E-mail and even Live Chat. The main advantage of Live Chat is that traders can directly contact the experts or some real time suggestions on their trade. It is obvious that there is a large number of people who think that without proper guidance, it is not possible to succeed in binary trading. That is why customer care service is available 24 hours a week. Traders can get proper knowledge and experience from the experts of this platform.
Details
| Broker | TopOption |
|---|---|
| Official Website URL | www.topoption.com |
| Founded | 2012 |
| Headquarters | Cyprus |
| Support Types | E-mail, Live Chat, Phone |
| Supported Languages | Arabic, English, Dutch, French, German, Italian, Japanese, Polish, Russian, Spanish, Swedish |
| Trading Platform | Web Platform |
| Minimum 1st Deposit | $100 |
| Minimum Account Size | $5 |
| Minimum Trade Amount | $10 |
| Bonus | Up to $1250 First Deposit Bonus |
| Payout | 85% |
| Free Demo Account |  |
| Deposit Methods | Mastercard, Moneybookers, Neteller, VISA, Wire Transfer |
| Trading Methods | 60 Seconds Options, Binary Options, One Touch Options, Option Builder, Pro Options |
| Number of Assets | 180 |
| Option Types | Stocks, Commodities, Currency Pairs, Indices |
| US Traders Allowed |  |
| Mobile Trading | |
| Tablet Trading | |
| Overall Score |  |
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